WEIRD BITCOIN CONVERSATIONS AT GATHERINGS - SHARE THE CRAZIEST STATEMENTS MADE

[Agbamoni]

After spending hours watching the market, making trades, and building up your Bitcoin, you might want to hang out with friends or go to gatherings. While some of them know about your activities, others might not. You might have had conversations or something might come up about Bitcoin.

Did any crazy things come up during these talks?

Did someone say investing in Bitcoin is silly?

I'm sure a lot of you have interesting stories to share. Tell us about your experiences!

[franky1]

silly conversations i see even people that have been in the community for 6+ years:

"the coins are yours even if they are not confirmed/settled to your key"
"bitcoin payments happen in seconds and can handle million transactions a second"
"bitcoin relies on middlemen to pass payments along a route"
"bitcoin has more then 8 decimals"
"to use bitcoin you need to choose a partner"

to me these people are talking about other networks pretending to be bitcoin. which then makes other newbies have a bad experience when they see bitcoin is not like how these first idiots explain it to them

[wxa7115]

After spending hours watching the market, making trades, and building up your Bitcoin, you might want to hang out with friends or go to gatherings. While some of them know about your activities, others might not. You might have had conversations or something might come up about Bitcoin.

Did any crazy things come up during these talks?

Did someone say investing in Bitcoin is silly?

I'm sure a lot of you have interesting stories to share. Tell us about your experiences!

I think we all have heard things that made us to roll our eyes, things like “bitcoin is just like fiat”, “altcoins are just as good as bitcoin and will replace it”, “altcoins are better than bitcoin because ‘add dumb reason for it’”, “icos, ieos, nfts or meme coins are a better investment than bitcoin” and more.

At the end you will learn to tune out those claims and move on, otherwise you will have to spend your limited time and energy on correcting them and it is simply not worth it.

[adaseb]

My craziest was some guy who I knew years ago found out I was in crypto. This was maybe in 2021 during the hype. He basically wanted to give me $5000 or $10000 and wanted me to turn it into like $100,000 or $200,000 because he needed to buy a house. I told him it doesn’t work like that. You don’t get rich off bitcoin anymore those days are gone.

He was upset and basically thinks I am being greedy and don’t want him to reap the benefits. Some people are very crazy when it comes to investing their money, they all think it’s easy.

[sesterceshop]

My favorite one was when someone told me that Bitcoin is bad for the environment because it uses too much electricity. I asked him how much electricity he thinks the banking system uses, and he had no clue. He just said that Bitcoin is worse because it’s not backed by anything. I laughed so hard that I almost choked on my coffee.

[Woodie]

Things I always hear people say when it comes to internet scams is , someone introduced me to bitcoin and promised to double my money by the end of the month but before you know it they lose everything after the investment....which is crazy, and when I think about it, I always wonder how these guys allow this to happen because buying bitcoin doesn't need another person to broker such a deal and later on lose your investment..

Rule of thumb I'd always that if you are going into unfamiliar territory always do your research to expect the unexpected!!

[AGogi2003]

When my friend is introducing Bitcoin to me, I have no idea what it is, and I am seeing some saying Bitcoin is a scam and some saying it is not a scam, so when he told me I should invest in Bitcoin, I told him I don't have any interest in it because I am scared I don't want to lose my money on it, because some of my friends are saying is a scam, I should not invest any of my money in Bitcoin, later on my friend gave me a link In the sites http://learnmeabitcoin.com, I realized that my friends who believe it's a scam are lying, because they have no understanding what it is. Am very happy with my friend that introduce me to Bitcoin and the forum.

[Oshosondy]

Did any crazy things come up during these talks?

Did someone say investing in Bitcoin is silly?

What I noticed is that people around me also believe in bitcoin, but many of them knows how it is and they do not want to risk their money. I noticed many among them do not know much about halving and the time bitcoin price can increase or decrease, but they know it is a good investment as it can be a bad investment too if someone invested at the wrong time. To be sincere, I have heard great conversation among my friends about bitcoin.

[NotATether]

My favorite one was when someone told me that Bitcoin is bad for the environment because it uses too much electricity. I asked him how much electricity he thinks the banking system uses, and he had no clue. He just said that Bitcoin is worse because it’s not backed by anything. I laughed so hard that I almost choked on my coffee.

Tell him to visit https://bitcoincleanup.com

My craziest was some guy who I knew years ago found out I was in crypto. This was maybe in 2021 during the hype. He basically wanted to give me $5000 or $10000 and wanted me to turn it into like $100,000 or $200,000 because he needed to buy a house. I told him it doesn’t work like that. You don’t get rich off bitcoin anymore those days are gone.

He was upset and basically thinks I am being greedy and don’t want him to reap the benefits. Some people are very crazy when it comes to investing their money, they all think it’s easy.

So you explained to him that only traders can do that sort of thing but he thinks you're being greedy? Damn.

Only a professional investor can make even a 100% return in a short time, let alone 20x which is basically only possible with unicorn startup investments.

What I noticed is that people around me also believe in bitcoin, but many of them knows how it is and they do not want to risk their money.

Understandable, given that most of these people probably do not have large savings to risk anyway, maybe they have a house and car to pay off.

[Sim_card]

From my side,I have told a friend about bitcoin and he told me that it is hard to get because it is expensive. That there is a new altcoin which he is mining and that in four years time the coins will be more famous than bitcoin and by then he will be very rich that I should join him immediately. I bursted in laugh and he said that he pities for me and I will not be able to afford bitcoin. One of them told me that if I am talking about bitcoin, it means that I have become a scammer and would never trust me again.

[Bureau]

One of the craziest things that I am still hearing from my friends is that " It is a bubble, and it will burst" It has been more than 10 years and if you still hear such things from tech enthusiasts then you know how much understanding your friends have about Bitcoin. I have now stopped convincing them as I know they won't agree with me. The worst is when someone compares Bitcoin with Altcoin and wants to justify the comparison.
.

[Husires]

The discussions shifted from bitcoin being a currency used in the dark internet and to buy medicines and drugs to being a good or bad investment and whether I will make profits from investing in bitcoin or is it a failed investment.
These discussions are not centered around decentralization, the importance of bitcoin in sending money peer-to-peer anywhere in the world, the decline in the value of the dollar over time, and how to develop and find solutions to bitcoin problems or how to use it like other cash.

[tabas]

After spending hours watching the market, making trades, and building up your Bitcoin, you might want to hang out with friends or go to gatherings. While some of them know about your activities, others might not. You might have had conversations or something might come up about Bitcoin.

Did any crazy things come up during these talks?

Not a lot unless they start talking about the same interest as mine which is cryptocurrencies and mainly in Bitcoin. And luckily with those few meetings and gatherings that I've been with, I can say that there have been relatives of mine that know that I'm into it and asked me if they can also be and I said yes.

Did someone say investing in Bitcoin is silly?

I'm sure a lot of you have interesting stories to share. Tell us about your experiences!

IIRC, there's none from my relatives. But from my friends, a friend of a friend did said that Bitcoin is a scam. I just kept quiet for years and I don't know if they are still talking the same thing from what I've heard about them. Just saw a picture of them doing their own business.
Not really crazy and weird but it's annoying when someone who's not an investor and has less to no experience tells that Bitcoin is a scam when they know that I'm into it.

[pooya87]

silly conversations i see even people that have been in the community for 6+ years:

"the coins are yours even if they are not confirmed/settled to your key"
"bitcoin payments happen in seconds and can handle million transactions a second"
"bitcoin relies on middlemen to pass payments along a route"
"bitcoin has more then 8 decimals"
"to use bitcoin you need to choose a partner"

to me these people are talking about other networks pretending to be bitcoin. which then makes other newbies have a bad experience when they see bitcoin is not like how these first idiots explain it to them

Some of these sound more like people who have heard correct statements but they are paraphrasing it so the correctness is somewhat lost. This is a common thing in technical matters.

For example take the second statement "bitcoin payments happen in seconds", a bitcoin transaction does propagate through the network in mere seconds so in a way the first part is correct since a transaction reaches the receiver in seconds; however, the confirmation takes time which is the part where it becomes finalized (or irreversible).

Or the third statement "bitcoin relies on middlemen to pass payments along a route" replace the phrase "middlemen" with "peers" and the term "along a route" with "to other peers" and it is a correct statement.

[Z-tight]

Did any crazy things come up during these talks?

Did someone say investing in Bitcoin is silly?

When you are discussing about BTC with people who don't understand how it works, they are surely going to have crazy or silly assumptions. I don't really talk to people about BTC, the people who are close to me already know about the network, some of them use it and the others are not just interested. The crazy thing that so many people think about BTC is that it is going to make them very rich, and when they realize that it doesn't work that way, they lose their interest. The best way to start off as a bitcoiner is by viewing BTC as only decentralalized money that is censorship resistant and permissionless, and you can speculate on the price later on.

[Blitzboy]

The transition to decentralised, peer-to-peer financial systems from centralised, fiat currencies. In many ways, Bitcoin best represents this transformation.

Currently, some people I've interacted with have called investing in Bitcoin "silly." But as you can see, there have always been detractors to every breakthrough idea, from the steam engine to cellphones. Its in the nature of paradigm-shifting breakthroughs to drive us to reevaluate our deeply held ideas.

Ignoring Bitcoin' potential and underlying blockchain technology is equivalent to ignoring the influence of online communication in the 1990s. In addition to digital currency, the goal is to establish a more open, effective, and inclusive global financial system. However, always keep in mind that with enormous potential also comes great volatility. Be prudent with your investments, be aware of the hazards, and continue the dialogue. History is being made right in front of us!

[Peanutswar]

Gather up with friends related to cryptocurrency investments and projects is so fun, creative, and could be productive because you are can change ideas and information you've been having during your investment, and of course, that lesson and mistakes can be shared with your friends and seek for their insights seems like a data gathering and learning from their experience, every time we made a mistake I talk to each other that treat those as part of the expensive mistake or lesson that if you repeat you will called as stupid. Some friends late already but we keep them up its never been too late you can catch up.

[alastantiger]

Did any crazy things come up during these talks?

Did someone say investing in Bitcoin is silly?

I have heard great conversations about bitcoins and I have very ignorant comments about bitcoin from supposedly intellectuals. That people who I hold in high esteem and believe that before they jump into making ignorant comments about bitcoin they would take time to research on it and draw their own conclusion rather than follow public sentiments.

The most ridiculous comments I have heard about bitcoin from these intellectuals is that bitcoin is not real money and because it is not real money, its value is worthless. They would go on to say that the reason why the price increases is because of the attention people are giving to it. And they believe that it won't be long until the government totally shut down bitcoin and every related to that it won't be even discussed or used in the public space. When I try to remind them about El Slavdor, they dismiss me and say that they'll abandon bitcoin and either return to the use of the dollar or apply to be a member of BRICS. I still get flabbergasted with these comments.

[Queentoshi]

Did someone say investing in Bitcoin is silly?

Unfortunately, even as having your own opinion on something like bitcoin is good, not all opinions are reasonable and formed from a place of knowledge. Some opinions especially the ones formed personally, or borrowed opinions are wrong.
 I have a friend who said that investing in stable coins is better for them than investing in bitcoins because the price of bitcoin can fall, and they will lose their money.
 I have also had someone who had a very small number of bitcoins that they believe will be able to make them rich. This person believes that there is no need to keep buying bitcoins when they already have some in their wallet.

[Aanuoluwatofunmi]

Did any crazy things come up during these talks?

This depends on the kind of people you're rolling out with at that particular moment, if they are bitcoin enthusiast or users then you may not have such exoer as with those that knows nothing about the bitcoin network, at the cause of making conversation, i don't think you need to follow up with them dragging unnecessary discussion because they can't be controlled and bee things will begin to come out about bitcoin from them which will be discouraging to you if you're nit really confident enough with your understanding of what bitcoin really is.

Did someone say investing in Bitcoin is silly?

That's almost a constant response from most related cases oike this to see the response being Yes.